Alton, IL Multifamily Properties for Sale

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West Alton, MO Godfrey, IL East Alton, IL

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Income-Producing Commercial Building with Apartment

$220,000

3,062 SF

Income-Producing Commercial Building with Apartment

2248 E Broadway, Alton, IL 62002

All-brick commercial building with income-producing apartment in high-traffic area.

Income‑producing 2‑bedroom apartment with existing tenants
High‑visibility location in a high‑traffic retail corridor
Adaptable 2,251 sq ft commercial space with two separate entrances
Two parcels of land and a 2‑bay detached garage included
Recent updates including new LED lighting, electrical improvements, and modern upgrades

Updated: May 19

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Alton Multifamily Investment Opportunity

$225,000

3,826 SF

Alton Multifamily Investment Opportunity

1011 State Street, Alton, IL 62002

Charming five-unit building in Alton, Illinois, for sale.

Excellent investment opportunity with five apartments
Includes a mix of unit types: efficiency, one‑bedroom, and two‑bedroom
Well‑maintained building with potential for strong rental income
Ample natural light and modern amenities in each apartment
Heating: Forced Air, Natural Gas; Cooling: Multi/Window Units

Updated: Mar 6

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$980,000

0.33 Acres

Alton Multifamily Investment Opportunity

Two buildings with 14 units near dental college.

2705 College Avenue, Alton, IL 62002

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$149,500

3,258 SF

Fully Occupied Duplex Investment

Income-producing duplex with updated finishes and steady cash flow.

821 Alby Street, Alton, IL 62002

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$95,000

1,426 SF

Alton Duplex with River View

Investment opportunity: duplex near downtown with updated systems.

314 W 4th Street, Alton, IL 62002

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Former School with Redevelopment Potential

$285,000

33,150 SF

Former School with Redevelopment Potential

Former school building suitable for redevelopment in Alton, Illinois.

121 W Elm Street, Alton, IL 62002

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$200,000

2,275 SF

Alton Multifamily Property Ready

Multi-family property in historic district ready for redevelopment.

427 E 4th Street, Alton, IL 62002

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Alton, IL Four-Unit Multifamily Property

$139,000

1,594 SF

Alton, IL Four-Unit Multifamily Property

Four-unit multifamily property with strong rental history in Alton, IL.

612 Mechanic Street, Alton, IL 62002

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$285,000

33,150 SF

Former School with Redevelopment Potential

Former school building suitable for redevelopment or community use.

121 W Elm Street, Alton, IL 62002

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Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 9 Active listings in Alton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

32-Unit Multifamily Investment Opportunity

$2,150,000

8,379 SF

32-Unit Multifamily Investment Opportunity

32 units in Florissant, MO with value-add potential.

4 Bruce Drive, Florissant, MO 63031

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Mixed-Use Property with Income Potential

$88,500

2,555 SF

Mixed-Use Property with Income Potential

Unique live-work property with commercial space and apartments.

602 Wood River Avenue, Wood River, IL 62095

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$95,000

0.07 Acres

Mixed-Use Property with Income Potential

Commercial property with unfinished space and two income-producing apartments.

258 E Ferguson Avenue, Wood River, IL 62095

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$375,000

3,520 SF

Renovated Four Family Opportunity

Three renovated four-family properties available for individual or package purchase.

1 Bruce Dr, Florissant, MO 63031

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Contact for pricing

0.60 Acres

Belleville Land For Sale

0.60 acre vacant lot in Villa Hills.

636 Fern Drive, Belleville, IL 62223

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Contact for pricing

0.63 Acres

Belleville Buildable Residential Lot

0.66 acre lot in Villa Hills, St. Clair County.

632 Fern Drive, Belleville, IL 62223

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Contact for pricing

0.26 Acres

Residential Lot in Park Hills

Corner lot suitable for building or mobile home placement.

226 N Large Street, Park Hills, MO 63601

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Contact for pricing

0.17 Acres

Residential Lot in Wellsville, MO

Ready-to-build residential lot in a charming small town.

412 Washington Street, Wellsville, MO 63384

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Off-Market Properties in Alton, IL

Consider similar Off-Market properties in Alton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2500 Donald Ave

APARTMENT HOUSE (5+ UNITS) • 2,485 SF

Value Estimation by Request

2500 Donald Ave, Alton, IL 62002-2817

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310 Ml St

APARTMENT HOUSE (5+ UNITS) • 2,690 SF

Value Estimation by Request

310 Ml St, Alton, IL 62002-6130

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635 5th St

APARTMENT HOUSE (5+ UNITS) • 1,024 SF

Value Estimation by Request

635 5th St, Alton, IL 62002-2679

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418 3rd St

APARTMENT HOUSE (5+ UNITS) • 4,867 SF

Value Estimation

$520,000

418 3rd St, Alton, IL 62002-2411

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319 3rd St

APARTMENT HOUSE (5+ UNITS) • 1,120 SF

Value Estimation by Request

319 3rd St, Alton, IL 62002-2407

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620 9th St

APARTMENT HOUSE (5+ UNITS) • 4,218 SF

Value Estimation by Request

620 9th St, Alton, IL 62002-3623

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10 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 14,976 SF

Value Estimation

$10,365,000

10 Riv Reach Ct, Alton, IL 62002-7393

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9 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 7,920 SF

Value Estimation

$9,575,000

9 Riv Reach Ct, Alton, IL 62002-7396

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13 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 11,900 SF

Value Estimation

$10,230,000

13 Riv Reach Ct, Alton, IL 62002-7395

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6 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 7,920 SF

Value Estimation

$10,810,000

6 Riv Reach Ct, Alton, IL 62002-7389

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14 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 11,998 SF

Value Estimation

$9,910,000

14 Riv Reach Ct, Alton, IL 62002-7391

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5 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 7,920 SF

Value Estimation

$9,475,000

5 Riv Reach Ct, Alton, IL 62002-7388

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17 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 11,988 SF

Value Estimation

$9,860,000

17 Riv Reach Ct, Alton, IL 62002-7397

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702 Milton Rd

APARTMENT HOUSE (5+ UNITS) • 3,691 SF

Value Estimation by Request

702 Milton Rd, Alton, IL 62002-2134

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2614 Grandview Ave

APARTMENT HOUSE (5+ UNITS) • 5,133 SF

Value Estimation

$520,000

2614 Grandview Ave, Alton, IL 62002-2903

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Alton, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 34 multifamily properties for sale in Alton, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 81,741 square feet of properties for sale, with an estimated market value of $1,598,500.

Sale prices for multifamily properties in Alton, IL start at $95,000, averaging $199,812, and reaching up to $285,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Demographics Overview

Population 30K

Population Growth (5Y) -3.3%

Median Household Income $57,851

College Educated 32.2%

High-Yield Neighborhoods for Strategic Investment

Identify Alton submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
62002	$265.4K

Taxes & Financing

Average Loan-to-Value 65.0%

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Alton, IL Multifamily Properties for Sale

Income-Producing Commercial Building with Apartment

All-brick commercial building with income-producing apartment in high-traffic area.

Alton Multifamily Investment Opportunity

Charming five-unit building in Alton, Illinois, for sale.

Alton Multifamily Investment Opportunity

Fully Occupied Duplex Investment

Alton Duplex with River View

Former School with Redevelopment Potential

Alton Multifamily Property Ready

Alton, IL Four-Unit Multifamily Property

Former School with Redevelopment Potential

Opportunities in Nearby Cities

32-Unit Multifamily Investment Opportunity

Mixed-Use Property with Income Potential

Mixed-Use Property with Income Potential

Renovated Four Family Opportunity

Potential Development Sites for Consideration

Belleville Land For Sale

Belleville Buildable Residential Lot

Residential Lot in Park Hills

Residential Lot in Wellsville, MO

Off-Market Properties in Alton, IL

2500 Donald Ave

310 Ml St

635 5th St

418 3rd St

319 3rd St

620 9th St

10 Riv Reach Ct

9 Riv Reach Ct

13 Riv Reach Ct

6 Riv Reach Ct

14 Riv Reach Ct

5 Riv Reach Ct

17 Riv Reach Ct

702 Milton Rd

2614 Grandview Ave

Alton, IL Multifamily Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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